February 18, 2021
@
4:30 PM
–
6:30 PM
Date : 18 February 2021 (Thursday)
Time : 4:30 – 6:30 pm (MYT)
Sector : Islamic banking
Topic :
IFSB-16: Supervisory Review Process (Governance and Risk Management)
Overview
A core element of any supervisory review process is to assess financial institutions’ governance decision structures and processes. At the same time supervisory review process must not only ensure that financial institution have adequate capital to support all their business risks, but also stimulate them to develop and use better risk management and techniques within their risk management processes.
When it comes to the institutions offering Islamic financial services there should be additional requirements in order to address elements that are specific to Islamic finance, including risk characteristics and issues relating to Shariah compliance.
Within this session IFSB will address relevant corporate governance issues as well as supervisory implications related to the Shariah governance. Since the risk culture in IIFS is a very complex topic, facilitator will also cover principles of risk management in IIFS and various categories of risk that IIFS face in their operations.
We believe this FIS workshop will be particularly beneficial due to case studies that will be discussed with the participants.
***REGISTRATION IS OPEN FOR MEMBERS ONLY***
